RichWave sees Wi-Fi 7 reaching 50% share in 2027

Radio frequency (RF) IC design house RichWave Technology stated at its recent investor conference that memory supply constraints, rather than end demand, are curbing networking equipment shipments despite resilient overall market demand. The company expects Wi-Fi 7 to capture half of its Wi-Fi market share in 2027 as telecom operators and retail router customers accelerate upgrade cycles.